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Toward a Progressive Macroeconomic Explanation of the Recession

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  • Howard Sherman

Abstract

How can progressive economics explain a business cycle? It is time to resurrect better ways to think about business cycles and therefore the policies that can mitigate them. In this piece, the eminent economist Howard Sherman basically provides a course in how to think about the business cycle, in particular this one.

Suggested Citation

  • Howard Sherman, 2010. "Toward a Progressive Macroeconomic Explanation of the Recession," Challenge, Taylor & Francis Journals, vol. 53(4), pages 68-85.
    • Handle: RePEc:mes:challe:v:53:y:2010:i:4:p:68-85
    DOI: 10.2753/0577-5132530404
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    References listed on IDEAS

    as
    1. Howard Sherman, 2001. "The Business Cycle Theory of Wesley Mitchell," Journal of Economic Issues, Taylor & Francis Journals, vol. 35(1), pages 85-97, March.
    2. Paul Davidson, 2009. "Alternative Explanations of the Operation of a Capitalist Economy," Challenge, Taylor & Francis Journals, vol. 52(6), pages 5-28.
    3. Howard Sherman, 2003. "Institutions and the Business Cycle," Journal of Economic Issues, Taylor & Francis Journals, vol. 37(3), pages 621-642, September.
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